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News Explorer — Sam Bankman-Fried Could Have Some Charges Dropped to Honor Extradition

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May 30, 7:27 pm

Decrypt

Sam Bankman-Fried Could Have Some Charges Dropped to Honor Extradition

Prosecutors in Sam Bankman-Fried's criminal trial have acknowledged that some of the charges brought against him could be dropped if the Bahamas objects. The charges include wire fraud, money laundering, bribery, and conspiracy. The Department of Justice has said Bankman-Fried could face a maximum sentence of 115 years in prison. The Bahamas is the only party that can bring a valid objection to the newer charges, and prosecutors are currently seeking a waiver from the Bahamas.

Prosecutors in Sam Bankman-Fried's criminal trial have acknowledged that some of the charges brought against him could be dropped if the Bahamas objects. The charges include wire fraud, money laundering, bribery, and conspiracy. The Department of Justice has said Bankman-Fried could face a maximum sentence of 115 years in prison. The Bahamas is the only party that can bring a valid objection to the newer charges, and prosecutors are currently seeking a waiver from the Bahamas.

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